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Africa’s growth was widespread across sectors

Sector share of change in real GDP, 2002–07 Percent, 100% = $235 billion1

Compound annual growth rate, %

Resources Wholesale and retail Agriculture Transport, telecommunications Manufacturing Financial intermediation Public administration Construction

Real estate, business services

Tourism Utilities Other services2

2 2

5 5

6 6

6

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10

13 12

24

7.1 6.8 5.5 7.8 4.6 24 3.9 7.5 5.9 8.7 7.3 6.9

1 In 2005 dollars. Includes 15 countries that account for 80 percent of Africa’s GDP: Algeria, Angola, Cameroon, Egypt, Ethiopia, Kenya, Libya, Morocco, Nigeria, Senegal, South Africa, Sudan, Tanzania, Tunisia, Zimbabwe. 2 Education, Health, Social Services, Household Services.

SOURCE: Global Insight; Arab Monetary Fund; African Development Bank; McKinsey Global Institute

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